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Insurers pinged over misleading credit card customers

OnePath and Cigna admit their part in repayment insurance breaches by ANZ.

Two insurers fined over misleading claims about credit card repayment insurance.

Maria Slade Tue, 14 Jun 2022

Insurers OnePath Life and Cigna Life have been fined $180,000 over misleading claims about credit card repayment insurance.

OnePath and Cigna admitted breaching fair dealing provisions in the Financial Markets Conduct Act and will jointly pay the amount to the regulator.

It follows misleading

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Insurers pinged over misleading credit card customers
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